Meme stock influencer Keith Gill, better known online as Roaring Kitty, is back. Turning memes from animated movies into memes based on famous magazine covers.
Gill’s first social media post in three months on Thursday immediately moved markets and sent GameStop’s stock higher, with meme coins modeled after the video game retailer with a cult following also flying.
road, whose Secret Social Media Activity It sparked a rise in GameStop stock earlier this year and posted an altered version of the photo illustration created by Arthur Hochstein. time magazine At X (formerly known as Twitter).
published in 2006 selected Person of the Year ‘You’ pays homage to the aesthetics of YouTube through its cover while discussing the revolutionary aspects of the Internet’s growing popularity and cultural impact through cleverly worded articles.
An excerpt from an article I read in 2006 reads: “This is a story of community and collaboration on a scale never seen before.” “It’s about Wikipedia, the cosmic compendium of knowledge, and YouTube, the network of people with a million channels, and MySpace, the online metropolis.”
However, the image Gil posted was not a copy of the magazine’s original cover. “You” and other text have been removed, and the time displayed on the mirror-like monitor in the photo illustration is “01:09/04: 20” in the version posted by Gill (aka meme number 69 and 420).
As of this writing, GameStop shares are trading at $28.93, up 7% over the past day. The stock fell 5% last week but has surged 26% over the past month. Trading in the stock was said to have been temporarily halted amid the initial surge and its daily high of nearly $31. Nasdaq Trader.
In the cryptocurrency world, the Solana-based meme coin, which borrows its ticker name from GameStop, surged 72% in price in three minutes, reaching $0.0089. DEX Screener. As of this writing, GME is down to $0.0067, marking a 30% gain over the past day.
Last September, when an altered photo of Pixar’s ‘Toy Story 2’ was posted on Gil’s a momentary blow. Chewy’s 3.7% price drop was short-lived as the character Andy was shown tossing a dog-faced version of the toy cowboy Woody. The road is bought millions of shares At Chewy in July.
Gill, also known as DeepFuckingValue on Reddit, rose to prominence amid GameStop’s high-profile short-selling squeeze in 2021. He has emerged as the de facto mascot of the movement to bet big money on Wall Street short selling through GameStop stock.Nihilist Warren Buffett.”
In June, Gill returned to streaming on YouTube after a three-year absence from social media and discussed GameStop’s finances. carefullyin the middle report The Securities and Exchange Commission (SEC) and securities regulators in Massachusetts are investigating the meme stock influencer’s recent online behavior.
Gill’s latest Reddit post, written six months ago, reads:YOLO update” was found to be holding GameStop stock and $268 million worth of cash. At one point in June, his holdings, including options, were worth $586 million.
When Gill’s social media return sparked renewed interest in GameStop in April, the company’s stock price rose to $48.75. During Gill’s brief streaming period, the stock rose again to $46.55, but has since fallen to current levels.
Editor: Andrew Hayward
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